Posts filtered by tags: Funding[x]


 

GenCure Plans Adult Stem Cell Lab at San Antonio “Innovation Center”

San Antonio—GenCure, a subsidiary of life sciences nonprofit BioBridge Global, expects to open a biomanufacturing laboratory this year at a new “innovation center” that’s being developed by VelocityTX in San Antonio.GenCure is a regenerative medicine-focused organization that accepts and stores bone marrow and umbilical cord blood, which it uses to produce adult stem cells for research. BioBridge plans to lease 21,000 square feet of space for GenCure at the new four-acre VelocityTX complex, whi...
Tags: Energy, Startups, Accelerator, Texas, Science, Technology, Funding, Entrepreneur, Trends, Startup, Tech, Tax, Cybersecurity, Emerging Technology, Incubator, Innovation


Orai raises $2.3M to make you a better speaker

Orai, a startup building communication coaching tools, is announcing that it’s raised $2.3 million in seed funding. CEO Danish Dhamani said that he co-founded the company with Paritosh Gupta and Aasim Sani to address a need in his own life — the fact that he was “held back personally and professionally” by lackluster “communications skills and public speaking skills.” Dhamani said he attended Toastmasters International meetings hoping to improve those skills, where he concluded that he could bui...
Tags: Startups, Mobile, Apps, Funding, Tech, Comcast, Philadelphia, Comcast Ventures, Nancy Duarte, Orai, Lift Labs, Dhamani, Paritosh Gupta, Aasim Sani


SendBird snags $52M Series B to expand messaging API tool

SendBird, a San Francisco area startup, helps developers add messaging to their apps with a couple of lines of code. It’s an idea similar to Stripe for payments or Twilio for communications. Today, the company announced a $52 million Series B investment. The round was led by Iconiq Capital. Existing investors Shasta Ventures, August Capital, Y Combinator, and Funders Club also participated. Today’s investment brings the total raised to over $70 million, according to Crunchbase. Y Combinator is c...
Tags: Startups, Apps, Developer, Messaging, Funding, San Francisco, Tech, Glu Mobile, Kim, APIs, Developer Tools, John Kim, Sendbird, NBA Yahoo Sports, Iconiq Capital Existing, Shasta Ventures August Capital Y Combinator


Slack off. Send videos instead with $11M-funded Loom

If a picture is worth a thousand words, how many emails can you replace with a video? As offices fragment into remote teams, work becomes more visual, and social media makes us more comfortable on camera, it’s time for collaboration to go beyond text. That’s the idea behind Loom, a fast-rising startup that equips enterprises with instant video messaging tools. In a click, you can film yourself or narrate a screenshare to get an idea across in a more vivid, personal way. Instead of scheduling a v...
Tags: Social, Fundings & Exits, Startups, TC, Apps, Enterprise, Mac, Funding, Tech, SaaS, Khan, Jared Leto, Upfront Ventures, Slack, Kleiner Perkins, Shahed Khan


Flipkart co-founder Sachin Bansal invests $92M in Ola

The money is starting to flow from India’s largest startup exit. Ola has added a major name to its ongoing financing round after it confirmed that Flipkart co-founder Sachin Bansal has invested 650 crore INR (around $92 million) into the Indian ride-hailing business. The deal rumored in January when Paper.vc, an intelligence service that sifts through company filings in India, noticed that Bansal had committed to investing 150 crore. Today, eight-year-old Ola not only confirmed the pairing...
Tags: Fundings & Exits, TC, Uber, Asia, India, Funding, Entrepreneur, Tech, Walmart, Ceo, Economy, Companies, Automotive, United States, Asia Pacific, Retailers


Funds for Richard’s Rainwater, New CPRIT Executive, & More TX Tech

—Pinpoint, an Austin startup that makes analytics tool to measure software engineering’s contribution to businesses, has raised $13.5 million in a Series A funding round led by Bessemer Venture Partners. Other investors include Storm Ventures, Boldstart Ventures, Bloomberg Beta, Slack Fund, Social Capital, and Cherubic Ventures. The new money brings Pinpoint’s total funding to $16.5 million.—A Texas-based startup will be among the participants at the Hatch Pitch competition at South By Southwes...
Tags: Startups, Texas, Microsoft, China, Cancer, Cherubic Ventures, Funding, Trends, Social Media, Tech, Investment, Sustainability, People, Palo Alto, Vc, Commercialization


3DEN raises $2M to create pay-as-you-go urban spaces

3DEN is building spaces for what it calls the “in-between moments” of your day. The name (pronounced “Eden”) comes from the idea of the “third place” — a space that’s neither home nor work. Founder and CEO Ben Silver told me the idea is to create a space that people can use if, say, they’ve got 45 minutes to fill between meetings, or if they’ve just gotten off a red eye flight and need somewhere to freshen up. Coffee shops, coworking spaces, gyms or hotels might serve some of those functions, bu...
Tags: Startups, TC, Apps, China, Funding, New York City, Tech, Starbucks, Silver, Eden, Invision, Andrew Lee, Hudson Yards, Coworking, Casey Carl, Ben Silver


StayTuned Digital helps video creators publish and measure everywhere

If you’re a video creator in 2019, you’re probably thinking about a long list of publishing destinations: YouTube, of course, but also Facebook, Instagram, Twitter, Snapchat and more. StayTuned Digital is a new startup trying to help video creators and publishers push their content to multiple platforms. The company, which bills itself as “content’s best friend,” is officially unveiling its product today and announcing that it’s raised $2.5 million in funding. StayTuned was founded by CEO Serge ...
Tags: Google, Startups, Facebook, Media, Funding, Tech, Netflix, Cto, Bowery Capital, Facebook Instagram Twitter Snapchat, GCT Startup, Serge Kassardjian, StayTuned Digital, Randy Jimenez, SinglePlatform Kassardjian, Kassardjian


Finding True Love Can Be Ruff, But This Startup Could Have Your Match

Too many people treat pet adoption like a one-night stand.“You look at a dog, and see his eyes, and think he’s cute,” says Tama Lundquist, co-president of Houston PetSet, an organization that works with about 70 animal shelters in the Houston area. “But if you’re a couch potato and he likes to run, that’s not going to work out.”Each year, about 3.3 million of these failed hook-ups result in a dog being surrendered to a shelter nationally, the American Society for Prevention of Cruelty to Animal...
Tags: Apps, New York, Texas, Cats, Dogs, Animals, Pets, Funding, Trends, Startup, Tech, Investment, Analytics, People, Vc, Software


VelocityTX Lands City Grant for “Innovation Center” Redevelopment

San Antonio — VelocityTX is getting a $750,000 grant and another tax incentive from the City of San Antonio for its redevelopment of a large industrial space that VelocityTX plans to turn into a three-building “innovation center” for tech, life sciences, and other businesses.VelocityTX, which is the innovation arm of nonprofit business development organization Texas Research and Technology Foundation, is rebuilding the complex in four phases over the course of 10 years, and says it plans to spe...
Tags: Energy, Startups, Accelerator, Texas, Science, Technology, Funding, Entrepreneur, Trends, Startup, Tech, Tax, Cybersecurity, Emerging Technology, Incubator, Innovation


Thailand’s Jitta raises $6.5M to develop an algorithm-powered wealth fund

Jitta, a Bangkok-based fintech startup, has announced a $6.5 million Series A round as it prepares to launch an investment fund for consumers in what would be a first for the Thai market. The deal is one of the largest Series A in Thailand for some time and it was led by Beacon Venture Capital, the $30 million fund attached to Thailand’s Kasikorn Bank. Beacon picked up the majority of the capital but an existing angel investor, whose identity was not disclosed, also took part. Kasikorn and...
Tags: Fundings & Exits, Asia, Finance, Singapore, India, Funding, Tech, Customers, Thailand, United States, SEC, Warren Buffett, Vietnam, Bangkok, Startup Company, Kasikorn Bank


Indonesia-focused Intudo Ventures raises new $50M fund

Intudo Ventures, a VC firm focused on Indonesia, has closed a new $50 million fund. This is Intudo’s second fund to date following its $20 million debut last year. The firm is a relative newcomer to Southeast Asia but a key differentiator is that it is solely focused on Indonesia, which is the world’s fourth most populated country with over 260 million people and the region’s largest economy. It is also the dominant market for tech and the internet in the region. According to a much-cited report...
Tags: Google, Fundings & Exits, Asia, Japan, Money, Indonesia, Entrepreneurship, Finance, China, Southeast Asia, Singapore, Funding, Tech, Investment, Taiwan, Walgreens


Autonomous Truck Company TuSimple Adds $95M to Rev Up Commercial Fleet

TuSimple has pulled in $95 million more in venture funding to advance its development of a commercial autonomous fleet of trucks.The new Series D round of financing announced Wednesday boosts the San Diego-based company’s valuation to land it on the growing list of “unicorns”—the tech-world term coined for companies valued at $1 billion or above.TuSimple, founded in 2015 in San Diego and Beijing, raised its Series C round of $55 million in late 2017. Composite Capital, a Hong Kong-based investm...
Tags: Deals, Hong Kong, Funding, Trends, Vc, Beijing, San Diego, Ai, Trucks, Financing, Self-driving, Autonomous Driving, Sina, San Read, National blog main, National top stories


Elevate Security announces $8M Series A to alter employee security behavior

It’s well understood that many network breaches begin with phishing emails designed to trick users into giving hackers their credentials. They don’t even have to work to find a vulnerability, they can just waltz in the front door. Elevate Security, a San Francisco startup, wants to change that by helping employees understand phishing attacks better using behavioral techniques. Today, the company announced an $8 million Series A round to build on this idea. The investment was led by Defy Partners...
Tags: Security, Startups, Funding, San Francisco, Tech, Salesforce, Montreal, Behavioral Science, Costanoa Ventures, Sedova, Elevate Security, Masha Sedova, Robert Fly, AutoDesk Exxon


E-commerce startup Zilingo raises $226M to digitize Asia’s fashion supply chain

If you’re looking for the next unicorn in Southeast Asia, Zilingo might just be it. The 3.5-year-old e-commerce company announced today that it has raised a Series D round worth $226 million to go after the opportunity to digitize Asia’s fashion supply chain. This new round takes Zilingo to $308 million from investors since its 2015 launch. The Series D is provided by existing investors Sequoia India, Singapore sovereign fund Temasek, Germany’s Burda and Sofina, a European backer of Flipka...
Tags: Amazon, Fundings & Exits, TC, Ecommerce, Asia, Europe, Instagram, Indonesia, Australia, Southeast Asia, Singapore, Softbank, Funding, Supply Chain, Tech, E-commerce


Reddit confirms $300M Series D led by China’s Tencent at $3B value

Last week TechCrunch reported that Reddit was raising $150 million from Chinese tech giant Tencent and up to $150 million more in a Series D that would value the company at $2.7 billion pre-money or $3 billion post-money. After no-commenting on our scoop, today Reddit confirmed it’s raised $300 million at $3 billion post-money, with $150 million from Tencent. The deal makes for an odd pairing between one of the architects of China’s Great Firewall of censorship and one of America’s most lawle...
Tags: Social, Fundings & Exits, Startups, TC, Apps, China, Funding, America, Tech, Policy, Xi Jinping, Tencent, Reddit, Fidelity, Conde Nast, Cnbc


Emergency Services Cloud Software Maker RapidDeploy Nets $12M

Austin—Public safety software developer RapidDeploy has raised $12 million in a Series A funding round.Investors include GreatPoint Ventures and Samsung Next. The funds will be used to help RapidDeploy accelerate development and marketing of its Cloud Aided Dispatch platform, the company said in a press release Monday.RapidDeploy, which was founded in 2014, says its cloud-based technology was developed by first responders and is designed to dispatch emergency services personnel like police, fir...
Tags: Startups, Cloud, Texas, 911, Funding, Samsung, Trends, Tech, Investment, Analytics, People, Vc, Broadband, Software, Austin, South Africa


PerimeterX secures $43M to protect web apps from bot attacks

We know by now that modern website attacks are typically automated, as armies of bots knock on doors until they inevitably find vulnerabilities and take advantage. PerimeterX, a San Francisco startup wants to protect sites from these automated assaults. Today, it announced a $43 million Series C. The round was led by Scale Venture Partners . New investor Adams Street Partners joined existing investors Canaan Partners, Vertex Ventures and Data Collective in the round. Ariel Tseitlin, a partner ...
Tags: Security, Startups, TC, Funding, San Francisco, Tech, Scale, Web Security, Adams Street Partners, Scale Venture Partners, Signal Sciences, Ariel Tseitlin, Scale Venture Partners New, Canaan Partners Vertex Ventures, Omri Iluz, PerimeterX


Xiaomi-backed electric toothbrush Soocas raises $30 million Series C

China’s Soocas continues to jostle with global toothbrush giants as it raises 200 million yuan ($30 million) in a series C funding round. The Shenzhen-based oral care manufacturer has secured the new capital from lead investor Vision Knight Capital, with Kinzon Capital, Greenwoods Investment, Yunmu Capital and Cathay Capital also participating in the round. The new proceeds arrived less than a year after Soocas, one of Xiaomi’s home appliance portfolio startups, snapped up close to 100 millio...
Tags: Asia, Hardware, China, Funding, Tech, Smartphones, Companies, Alibaba, Xiaomi, Procter & Gamble, Alibaba Group, Electric, Toothbrush, Shenzhen, Euromonitor International, Electric Toothbrush


Ambitious Singapore startup Delegate wants to bring its event booking platform to the US

It’s not often that you hear about a startup from Singapore with ambitions to expand to the U.S, but that’s exactly the goal for event booking service Delegate. Founded in August 2015, the company aims to be a one-stop shop for booking an event, for corporate or personal functions. Beyond the essential step of securing a venue, Delegate’s platform covers a range of different needs that include: food and beverage, photography and videography, flowers and decor, entertainment such as bands, invita...
Tags: Fundings & Exits, Asia, Hong Kong, Pinterest, Australia, La, Southeast Asia, Singapore, Funding, US, Tech, Taiwan, Companies, Austin, United States, Korea


Startups Weekly: Spotify gets acquisitive and Instacart screws up

Did anyone else listen to season one of StartUp, Alex Blumberg’s OG Gimlet podcast? I did, and I felt like a proud mom this week reading stories of the major, first-of-its-kind Spotify acquisition of his podcast production company, Gimlet. Spotify also bought Anchor, a podcast monetization platform, signaling a new era for the podcasting industry. On top of that, Himalaya, a free podcast app I’d never heard of until this week, raised a whopping $100 million in venture capital funding to “esta...
Tags: Fundings & Exits, Startups, TC, Uber, Y Combinator, Spotify, Web Summit, Funding, Tech, CMO, Palo Alto, Venture Capital, Tencent, Reddit, Bird, Silicon Valley


OakNorth raises $440 million from SoftBank and Clermont

British startup OakNorth has raised a $440 million funding round from SoftBank’s Vision Fund as well as the Clermont Group. The company is creating a digital bank and focuses on loans for small and medium enterprises and the technology behind those loans. Today’s funding round is the biggest funding round in a European fintech company. OakNorth has raised $848 million in primary funding since its creation. With this funding round, the company plans to double down on what it already does. The ...
Tags: Fundings & Exits, Europe, Finance, Softbank, Funding, Tech, Fintech, Clermont, OakNorth, Clermont Group, OakNorth Analytical Intelligence, Asia While OakNorth, OakNorth OakNorth


Gossamer Bio Adds $276M in Second Biotech “Unicorn” IPO of 2019

Gossamer Bio, the San Diego-based biotech founded by former Receptos executives, has raised $276 million in its initial public offering, a total that puts it in a rare class among biotechs that have gone public in recent years.The amount raised surpassed expectations. During the partial federal government shutdown in January, Gossamer announced it would pursue a little-used path to the public markets that required it to fix a share price, which was locked in for 20 days. But shortly thereafter ...
Tags: Startups, Drugs, Ipo, Funding, Trends, Regulators, Asthma, San Diego, SEC, Biotech, Nasdaq, Financing, Government Shutdown, Stock, Investor, Stock Price


Hypergiant in Space, Celltex & Saudi, Siete Foods’ $90M, & More TX Tech

Let’s catch up on the latest innovation news in Texas.—Aeglea Biotherapeutics, an Austin biotech, raised $60 million in a secondary public stock offering Wednesday, according to a press release. The company is developing drugs to essentially starve cancers to death. In 2016, it raised $50 million in an IPO. In 2017, co-founder David Lowe, who led the company from pre-clinical stage, was replaced by Anthony Quinn as interim CEO. The next year, the company named Quinn as its president and permane...
Tags: Startups, Accelerator, Texas, Minneapolis, Drugs, Big Data, Ipo, Cancer, Funding, Toronto, Trends, Startup, Tech, Atlanta, Investment, Cisco


Segmented security startup Illumio raises $65M in Series E round

Illumio has raised $65 million in its latest round of funding led by J.P. Morgan Asset Management, the security startup has confirmed. The news comes just weeks after the company was expected to announce a $50 million Series E round, but was delayed after a late addition pushed the figure up. The datacenter monitoring and cloud security company focuses on network segmentation. By isolating critical applications and datacenters from the rest of the network, Illumio makes data leaks and breache...
Tags: Security, Asia, Europe, California, Funding, Africa, Tech, Information Technology, Middle East, Computing, Pentagon, Unicorn, Netsuite, Illumio, Equifax, Anup Singh


Gong.io nabs $40M investment to enhance CRM with voice recognition

With traditional CRM tools, sales people add basic details about the companies to the database, then a few notes about their interactions. AI has helped automate some of that, but Gong.io wants to take it even further using voice recognition to capture every word of every interaction. Today, it got a $40M Series B investment. The round was led by Battery Ventures with existing investors Norwest Venture Partners, Shlomo Kramer, Wing Venture Capital, NextWorld Capital and Cisco Investments a...
Tags: Startups, TC, Enterprise, Funding, San Francisco, Tech, Artificial Intelligence, Voice Recognition, CRM, Battery Ventures, Natural Language Processing, Board, Cisco Investments, Dharmesh Thakker, Gong.io, Amit Bendov


Everdays Raises $12 Million for End-of-Life Communication Platform

Mark Alhermizi first found startup success with Gas Station TV, a Birmingham, MI-based company that broadcasted from gas station pumps and was sold to Dan Gilbert’s Rockbridge Growth Equity in 2014 for a reported $100 to $200 million.In 2017, Alhermizi started a new “social platform” venture called Everdays, which was born as a result of his father’s death three years prior. Alhermizi said it was an exciting time in his life—he had just sold his business to Rockbridge and his wife was pregnant ...
Tags: Cake, Startups, Mobile, Facebook, Entrepreneurship, Funerals, Funding, Trends, Vc, Software, Obituaries, Innovation, Venture Capital, Birmingham, Detroit, Series A


Musiio raises $1M to let digital music services use AI for curation

Musiio, a Singapore-based startup that uses AI to help digital music companies with discovery and creation, has pulled in a $1 million seed round. The capital comes from Singapore’s Wavemaker Partners, U.S. investor Exponential Creativity Ventures and undisclosed angels. The deal represents the first outside round for Musiio, which was founded at the Entrepreneur First program in Singapore where CEO Hazel Savage, a former streaming exec, met CEO Aron Pettersson. It also makes Musiio the...
Tags: Fundings & Exits, Asia, Spotify, London, Media, Southeast Asia, Singapore, Funding, Tech, Artificial Intelligence, United States, Entrepreneur First, Savage, Fma, Wavemaker Partners, SG


Houston Investors Step Up to Bring Tech Innovation to the Energy Sector

Houston—A new crop of investors are backing efforts to support oil-and-gas innovation in Houston—just over three years after the Surge energy accelerator shut its doors.BBL Ventures, a newly formed investment and consulting firm that focuses on energy technologies will next week formally announce an accelerator program at Station Houston next week. The idea, co-founder Patrick Lewis explains, is to buttress the traditional accelerator model with consultancy services, research, and early-stage c...
Tags: Energy, Startups, Cloud, Apps, Accelerator, New York, Texas, Big Data, Funding, Trends, Tech, ExxonMobil, Investment, Analytics, Vc, Software


vArmour, a security startup focused on multi-cloud deployments, raises $44M

As more organizations move to cloud-based IT architectures, a startup that’s helping them secure that data in an efficient way has raised some capital. vArmour, which provides a platform to help manage security policies across disparate public and private cloud environments in one place, is announcing today that it has raised a growth round of $44 million. The funding is being led by two VCs that specialise in investments into security startups, AllegisCyber and NightDragon. CEO Tim Eades said t...
Tags: Enterprise, Funding, Tech, Cisco, Telstra, Tim Eades, Dave DeWalt, EADES, Bob Ackerman Founder, NightDragon